Pricing for all of the tiers will be announced next month, where Verizon users can choose a standalone Internet service or add these tiers to their bundles

Verizon announced today that it will not only more than double the speeds of many FiOS Internet tiers, but will also add two new tiers.

According to Verizon, its updated FiOS Internet tiers will consist of 50/25 Mbps and 150/65 download/upload speeds. However, other entry-level options will remain the same, such as the 15/5 Mbps, 25/25 Mbps, 35/35 Mbps, 50/20 Mbps and 150/35 Mbps tiers.

The two new tiers will feature 75/35 Mbps or 300/65 Mbps speeds. Verizon said the 300/65 tier is double that of the current FiOS Internet top speed, which is 150/35 Mbps.

"The ways we used the Internet and watched TV over the past 10 to 15 years have dramatically shifted," said Bob Mudge, president of Verizon's consumer and mass market business unit. "With the emergence of smartphones, smart TVs, Blu-ray players, tablets and gaming consoles that also serve as over-the-top devices, consumers need more bandwidth to receive the highest quality experience."

Each tier is targeted at a specific audience. The layout is as follows: 15/5 Mbps for a one or two person household for just email and Web browsing; 50/25 Mbps for a multi-person household that downloads music, watches videos and telecommutes; 75/35 Mbps for households that have three or more people on Internet-connected devices, stream HD movies, and play multi-player gaming, and 150/65 and 300/65 for households with five or more heavy Internet users.

"Our top FiOS speed will be twice as fast as anything America has ever seen," said Mike Ritter, chief marketing officer for Verizon's consumer and mass market business unit. "High-speed Internet no longer is just for techies, as more than half of our residential consumers already use at least a 20 Mbps Internet connection. Streaming online video on an all-fiber-optic connection providing faster speeds is better and more reliable during peak Internet usage hours.

"As recently as 2005, video was less than 10 percent of Web traffic. By the end of this year, we expect it to be 50 percent, growing to 90 percent in just a few years."